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Showing posts with the label rand

Zimbabwe One Step Closer To Becoming A Province of South Africa

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Death to The Zimbabwe Dollar! Elton Mangoma, minister of Economic Planning from the MDC, announced on Sunday that the Zimbabwe dollar (such as the FIFTY BILLION DOLLAR NOTE pictured here)  has been "suspended" for a year. A lot of commuters are going to be mad as hell, because they had been using these to board commuter omnibuses. But in confirms the timeline I gave in December in my article, Zimbabwe Approaches South Africa to Officially Use The Rand So, you woke up on Sunday morning to hear that what I revealed to you here in my article in December last year (Zimbabwe Approaches South Africa To Officially Use The Rand) has been proved correct. Yet again. As I explained it back then, Gono had met with Mboweni to discuss the adoption of the Rand and the conditions laid down by the South Africans were daunting. Zimbabwe, I told you back then, was required to suspend its own currency for at least six months. (They have done better, with Elton Mangoma, the minister of economic p...